3 bed flat for sale in Louisberg Road, Hemswell Cliff, Gainsborough DN21, £75,000

75,000.00

Offer Nr.:
65563667
Type of ad:
for Sale
Property type:
3 bed flat
Bedrooms:
3
Bathrooms:
2
Reception rooms:
1
Contact name:
Yieldit
Phone(s):
0161 506 6169

This fantastic end terrace house is offered fully furnished and comprises of a
bright and spacious living and dining room with laminate flooring; a fitted
kitchen with plenty of storage space; two double bedrooms with a built in
wardrobe in the master bedroom; a single bedroom; and a bathroom with a sink,
bathtub and shower with a separate toilet. This property also benefits from a
drive at the front and a garden at the rear.
This property is located in the village of Hemswell Cliff, only a 15 minute
drive away from Gainsborough's town centre. Gainsborough has lots of shops and
amenities nearby with numerous high street and independent shops, cafes, bars,
pubs and restaurants. This property is also only 25 minutes away from the city
of Lincoln, making this a great commuter town and enabling residents to enjoy
Lincoln's fantastic attractions including Lincoln Castle, home to one of only
four surviving copies of the Magna Carta; live music and theatre venues,
multiple shopping centres and lots of beautiful English countryside to
explore.
Gainsborough is due to benefit from £18m of investment which will improve its
transport network, create more housing and rejuvenate the town centre,
bringing more retail and leisure opportunities and creating more than 3, 000
more jobs for the town. With these plans, Gainsborough is predicted to see an
economic growth of 12% and a huge population increase within the next few
years, meaning rental demand will be high in this area and house prices are
set to rise.
**Financial Breakdown**
Gross rent: £6, 000
Net income: £6, 000
Gross yield: 8%
Net yield: 8%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07506

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